Recently, $Farm, which was previously new in the hype internal market, has been at an all-time high. Friends keep urging me to update the strategy. Today, I see a nice project making a push, so I'll write an informative piece.
Hyper internal mechanism:
All projects must go through an auction spot mechanism to be listed on Hype. The internal market is where projects compete in advance to secure spots.
As for us, the small retail investors, we can make advance payments for our favorite projects in the internal market or participate in PvP to earn money.
https://hypurrscan.io/dashboard
This website shows the projects that have successfully secured spots before, as well as the current auction prices. These prices will decrease over time until the participating projects emerge to take the lead. Therefore, when the competition is intense, auction prices will be high, while during quieter times, they will be relatively cheap.
When the TVL of the hype internal projects × 0.65 ≥ the current auction price, the auction will automatically end, waiting for the project team to communicate with the exchange about the specific trading opening time.
How to participate in new internal market launches:
The first step to participate is to get a TG Hypurr Fun Bot; click the link to do so:
https://t.me/HypurrFunBot?start=ref_5202117e…
This Bot is similar to other Tg Bots and is controlled through a series of menu functions. Of course, you'll only need a very limited number of functions for daily use. Then, you can deposit USDC from Arb into the bot's wallet. After successfully doing so, you need to transfer the funds from the default perp wallet to the spot wallet, and then you're ready to trade.
When a project successfully auctions, you can transfer coins from the bot wallet to your Hyperliquid account for trading. Of course, if you made money in the internal market, you can withdraw USDC to other wallets at any time.
Common functions:
"spotwallet" to see your current wallet's coins and funds
"launches" to see the current projects and prices being launched
"transfer" to withdraw money
The second step is to go to project launch sites similar to Pump: https://app.hypurr.fun/launches.
Here, you can see the projects currently participating in new launches. Clicking in will show detailed project information and specific K-line charts. Clicking the Trade link will redirect you to your TG bot, and you can start trading following the bot's prompts.
HCR_BOT is an agent focused on Hype ecosystem content, and I think it has a good perspective. It looks like it has a chance to launch successfully this time.
On this page, you can also see the progress and K-line. If progress is full, then the project has successfully launched.
New launch risk warning:
1. Because the internal market can be PvP, progress can either grow or regress. If a new, stronger project comes out, everyone might dump to chase the new one.
2. Each session will only have one winner, so there will be occasional projects parachuting in, quickly taking the auction spots through strong price protection, causing many players currently in advantageous positions to dump and chase another one.
Last time, HCR had a decent advantage, but LIQD suddenly dropped in and snatched the auction spot.
Summary:
Recently, I spent some time studying the Hyperliquid ecosystem. Although prices have recently pulled back, the fundamental narrative remains attractive. Especially since the ecosystem is isolated and has a premium compared to the outside.
For example, $Depin, which went live yesterday, had a significant market cap premium both inside Hype and outside. My friend invested 100 USDC in the internal market and easily made 1500 USDC yesterday.
Compared to Pumpfun on Solana, Hype's internal market has clear high-quality targets, and the time for launch competition is longer. If you hit it, the returns can be quite good, making it worth trying.
